The new gold standard capital allowances advisor
Established in 2024, Tallex aims to be the go-to, trusted advisor in the capital allowances market.
We are redefining industry standards by providing:
Expertise without the Red Tape
We bring the knowledge and experience of the big surveying and accounting firms, but without the red tape and delay. This means faster and more efficient services tailored to your business needs.
Integrity Over Profit
We’re out to eliminate the bad practices and mediocre service in the unregulated boutique market. With Tallex, you can expect honesty, transparency, and the confidence of working with a regulated firm.
Advice-Led Service
We don’t measure ourselves by the number of reports we can churn out. We advise our clients to ensure claims make sense and align with your business's best interests before we proceed. After our report is delivered, we guarantee all the follow-up calls, emails and meetings you and your accountant need.
What are capital allowances?
Capital allowances sound complex but they're simply tax reliefs that the UK offers for assets and equipment you buy and use in your business. From laptops to buildings, cars to factory equipment, different assets can unlock different tax savings. Navigating the rules and preparing claims, however, can be tricky.
That's where Tallex steps in, offering advice to identify your qualifying spend and maximise your claims.
Curious about what allowances there are and what can qualify?
Discover more below.
Plant and Machinery Allowances
Available for your business equipment, including the furniture and fixtures in your buildings. They can be claimed over time or there are nifty ways of accelerating the tax relief.
Find out more here.Full Expensing
One way of accelerating your claims is by buying new equipment, with a 100% allowance available since April 2023. Of course, there’s some assets that don’t qualify and other points to consider before you claim.
Find out more here.Annual Investment Allowance (AIA)
Another method to accelerate your claims, AIA can be used on both new and second-hand equipment (unlike full expensing). AIA is another 100% allowance but is capped at £1m and you share it with connected companies.
Find out more here.Contribution Allowances
Contribution allowances allow a claim if you meet someone else’s spend on plant and equipment that they otherwise would have spent money on. Particularly useful for landlords offering incentives to tenants, it can also be a great way for a tenant to receive tax-free cash towards their fit out projects.
Find out more here.Structures and Building Allowances (SBA)
Can be claimed for spend on building fabric, like doors, walls and floors, and structures that are not business equipment or fixtures.
Find out more here.Land Remediation Relief
Even better than a capital allowance, LRR can be available for both capital and revenue spend incurred by investors and developers in cleaning up contaminated land and buildings. This relief is particularly generous, allowing you to claim 150% of the money spent on clean up works.
Find out more here.Our capital allowances service
At Tallex, we recognise that each of our client's needs are unique, and a ‘one size fits all’ approach simply doesn't cut it.
We are committed to understanding your business, current position and growth strategy so we can provide advice led services specifically tailored to genuinely support businesses who need us.
Our success isn't measured by the number of reports we can churn out. We focus on the quality of our service and the real value we bring to each of our clients.
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At Tallex, being 'advice-led' isn't just a phrase – it's our core principle. We will guide you through every aspect of capital allowances and advise on how it impact your business. Whether you're about to buy or sell a property, kick off a new construction project or thinking about upgrading your business equipment, we're here to provide tailored advice to support you in making the right decision; including whether a claim is right for you.
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Whoever said moving house was stressful, never purchased or sold commercial property! Capital allowances can complicate on deals, often throwing a spanner in the works. With Tallex, it doesn’t have to be that way. We’ll set you up with a straightforward and transparent strategy to ensure you’re in a strong position on your sale or purchase. We’ll guide you through the intricacies of keeping, inheriting, or transferring allowances, all based on your specific situation.
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Claims on ‘second hand’ buildings are very possible but can be tricky; the Sellers and former owners own claims need to be thought about. We leave no stone unturned to see if you have a legitimate claim, but we will be upfront if we think the rules prevent a claim for any reason. A review of your portfolio for any missed opportunities can be completed cheaply and quickly.
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The current capital allowances regime is a real potential goldmine for tax savings. Whatever you are spending money on, chances are you're in line for some form of relief. The art is knowing what expenditure qualifies for what form of relief; this is where we come in. We've worked with some of the UK’s largest businesses to ensure they claim the most generous allowances while aligning with their wider tax strategy. We’re here to do the same for you.
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Lets work together.
Call or message us today. No commitment, no pressure and no obligations.
Just a chance for us to show how Tallex can make a difference for you.
Email
info@tallex.co.uk
Phone
0330 043 4505